This console started life as a crowd funded project to build a device capable of directly running games from a large array of older consoles through programmable hardware rather than emulation which was implausible. They wanted a ridiculous $2 million which they failed to get anywhere near so instead partnered with Coleco and changed from the Retro VGS to the Coleco Chameleon but their attempts to show they had a working console were hilarious - this is worth a read: